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BRIEF-Eco-Stim Energy Solutions sees Q2 2017 revenue of $8.4 million to $9.6 million
June 26, 2017 / 10:08 PM / 3 months ago

BRIEF-Eco-Stim Energy Solutions sees Q2 2017 revenue of $8.4 million to $9.6 million

June 26 (Reuters) - Eco-Stim Energy Solutions Inc:

* Eco-Stim Energy Solutions provides operational update

* Sees Q2 2017 revenue $8.4 million to $9.6 million

* Expects its revenue in Q2 of 2017 to be within a range from $8.4 million to $9.6 million

* Believes that revenues for June, the first full month with activity in Oklahoma & Argentina, should exceed $4 million

* Well stimulation crew in Argentina is expected to execute over 55 well stimulation stages during Q2 2017, versus 17 stages in Q1 2017

* Company’s well stimulation crew in Oklahoma is expected to execute more than 90 well stimulation stages in Q2 of 2017

* Company believes that revenues in Q3 of 2017 will increase over Q2

* Says company believes that revenues in Q3 of 2017 will increase over Q2 Source text for Eikon: Further company coverage:

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